ECT 16.7% 0.4¢ environmental clean technologies limited.

Ann: Suspension from Official Quotation, page-43

  1. 621 Posts.
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    Im one of the fence sitting morons too cardz. How they treat me depends on what side of the fence they are sitting on. Some of them dont even understand my post so im trying to check them better now for spelling problems.
    What i dont think they understand most is that indias coal coldry and matmor might not give the same results as victorias lingite does.
    If they get over that chalenge  and begin to make a good matmor product then the next problem comes along which is making it commercial to out side companies who want to buy it from NLCNMDCECT.
    There are possibly 10 steps in between getting a signature on comercial terms and making money from anything. 49% royalty from some thing is some thing. And 49% royalty from no sales is nothing. And on what terms we hope we will know before it is time to vote to keep or let go of people at the ECT AGM.
    I assume NLC will want to use Matmor for them selfs in 5 years time so they could ask for a discount to its production costs in the commercial terms. Those terms are the fine print your wanting and im wanting too. 
    Anyway getting that far requires about another 5 or more years of waiting for esi so they get no money in the mean time until they get some sales from where? 1.3 milion so far coming in over 3 years from australian contracts is their revenue at the moment. They may get option money if the share price is pretty enough for option holders to cash in on and that is no garantee.
    Ultamately the only thing that will make money for share holders is a ramped share price and i expect that to happen because of the lie minded boom rah rah go go side of the fence your talking about. After there is no margin to make money in trading the price will come back until they become like minded again for another reason to jump together. The cycle is obvius to me and some people are capitalising on it. Safe to stay on the fence if im not in the loop. The share price went up to be a cushion in my oppinion in case the signing fell through. Lucky it went into suspension after Glen told everyone that this was no longer a role of the dice when actually he had no justification in saying that as it was proved the next day when he had to ask for clarity. Few! A singing without commercial terms is a merky place to be if you want to take a risk. 
 
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